At a Glance
- Tasks: Promote FIS, arrange trades, and provide market intelligence to clients.
- Company: Join a leading global brokerage in freight and commodities with a strong innovative ethos.
- Benefits: Enjoy competitive salary, private healthcare, and learning opportunities.
- Other info: Fast-paced environment with excellent career growth potential.
- Why this job: Be part of a dynamic team and make an impact in the financial markets.
- Qualifications: Experience in commodity markets and strong client relationship skills required.
The predicted salary is between 50000 - 65000 € per year.
Freight Investor Services (FIS) is a leading global brokerage of freight and commodities. We are the world’s largest broker on dry freight futures, and have a strong presence across the bulk commodities, metals, and energy markets. We were the first brokerage to trade in the cleared market on iron ore and later coking coal futures, and we also maintain a strong position in broking steel futures on all exchanges, as well as fuel oil, base metals, fertilisers, and tanker freight. We are proud of our innovative ethos, having been first mover on a number of products, most recently on the cobalt and air freight futures markets.
Not only do we provide excellent brokerage services, but also data services via our App, FIS Live, other data services, as well as education to help those entering new markets. We have expanded via our network of trading associates and branch offices to offer coverage of derivative and physical shipping markets in London, New York, Houston, Dubai, Mumbai, Athens, Copenhagen, Geneva, Singapore and Shanghai. Through our global network, FIS offers full brokerage services, trade execution and in-depth market intelligence and data for freight and commodities, as well as providing physical ship and cargo services. Our expertise in managing credit and counterparty risk provides a vital competitive advantage while enabling clients to trade with confidence.
THE ROLE
FIS has an exciting opportunity for a Commodity Broker in our London office. This is a mid-level role for a dynamic individual who has a passion for the financial markets. You will be personable, tenacious, and a natural networker, having a proactive approach to generating leads and securing new business. In addition, you will be well organised, highly analytical and thrive in a fast-moving environment with a flat management structure. You are able to work under your own initiative as well as being an excellent team player.
Key responsibilities
- Promote FIS as a company; providing market intelligence and analysis to clients
- Arrange trades via voice broking on behalf of clients
- Ensure all trades are executed on a non-advice /execution only basis
- Reconcile and enter trades in Trade Manager and/or relevant exchange as necessary
- Maintain and enhance existing client relationships, making regular contact and tracking daily trading activities
- Proactively solicit feedback from industry participants via trade calls, surveys, industry events, trade shows and conferences
- Produce a daily/weekly update of market prices, market direction for international desks
- On-board new clients following correct Compliance and Operations procedures
- Regularly assess client needs and financial conditions to identify internal cross-selling opportunities
- Understand the desk’s business strategy; identify and seize new business opportunities relating to trends, future markets, products and clients
- Perform any other reasonable duties the company may require
Risk related responsibilities
- Understand regulation within the evolving regulatory landscape
- Support a risk and compliance aware culture and comply with FIS company policies
- Exercise judgement and act with integrity, due care, skill and diligence and open and co-operative with the FCA, other regulators and exchanges
- Ensure full awareness of and adhere to internal policies that relate to the role or any relevant other activities
- Observe standards of market conduct and ensure understanding and adherence to all regulatory, exchange or clearing house requirements applicable to role
Requirements
- Experience in any of the commodity markets in which we operate - preferred
- Sound knowledge of underlying markets and technical aspects of broking - essential
- Demonstrate experience as a broker covering commercial clients (financial markets) - essential
- Deep understanding of price risk management - essential
- Strong client focus; personable and engaging, building relationships and networks wherever possible – essential
- Communicate effectively with clients and colleagues - essential
- Tenacious and thrives in a pressurised environment – essential
- Team oriented; works well with others and diverse groups/professions – essential
- Excellent attention to detail; strong analytical and numeracy skills – essential
- Exhibit professional and ethical conduct at all times, establishing and developing all business relationships (internal and external stakeholders) based on respect, integrity & dignity
Our rapidly growing business offers a dynamic environment for talented, entrepreneurial professionals to achieve results and grow their careers.
Benefits
- Competitive salary and discretionary bonus
- Private healthcare and life assurance scheme
- Employee Assistance Programme
- Season ticket travel loan
- Cycle to work scheme
- Learning & Development / CPD opportunities
Commodity Broker employer: Freight Investor Services Ltd.
Freight Investor Services (FIS) is an exceptional employer, offering a vibrant and innovative work culture in the heart of London. With a strong focus on employee growth, FIS provides numerous learning and development opportunities alongside competitive benefits such as private healthcare and a discretionary bonus. Join a dynamic team where your passion for financial markets can thrive, and enjoy the unique advantage of working within a leading global brokerage that values integrity and collaboration.
Contact Detail:
Freight Investor Services Ltd. Recruiting Team
StudySmarter Expert Advice🤫
We think this is how you could land Commodity Broker
✨Tip Number 1
Network like a pro! Attend industry events, trade shows, and conferences to meet potential clients and other brokers. The more connections we make, the better our chances of landing that dream job.
✨Tip Number 2
Stay informed about market trends and news. Being knowledgeable about the commodities we deal with will not only impress potential employers but also help us engage in meaningful conversations with clients.
✨Tip Number 3
Practice your pitch! Whether it's over the phone or face-to-face, being able to clearly communicate our value proposition is key. We need to show how we can help clients navigate the market and make profitable trades.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows that you're genuinely interested in joining our team at FIS.
We think you need these skills to ace Commodity Broker
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Commodity Broker role. Highlight your experience in commodity markets and any relevant skills that match what we're looking for. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to showcase your passion for financial markets and your proactive approach to generating leads. Let us know why you're excited about joining FIS and how you can contribute to our innovative ethos.
Showcase Your Analytical Skills:Since this role requires strong analytical abilities, make sure to include examples of how you've used these skills in past roles. Whether it's market analysis or client relationship management, we want to see your thought process in action!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows us you’re keen on being part of the FIS family!
How to prepare for a job interview at Freight Investor Services Ltd.
✨Know Your Commodities
Make sure you brush up on your knowledge of the specific commodities FIS deals with, like iron ore, coking coal, and fuel oil. Being able to discuss market trends and recent developments will show your passion and expertise in the field.
✨Showcase Your Networking Skills
As a Commodity Broker, building relationships is key. Prepare examples of how you've successfully networked in the past or generated leads. This will demonstrate your proactive approach and ability to connect with clients.
✨Demonstrate Analytical Thinking
Be ready to discuss how you analyse market data and make informed decisions. Bring along examples of how your analytical skills have helped you in previous roles, especially in fast-paced environments.
✨Understand Compliance and Risk Management
Familiarise yourself with the regulatory landscape and compliance requirements relevant to the role. Showing that you understand these aspects will highlight your professionalism and readiness to operate within FIS's framework.
